Public utilities-net power cost sharing ratio.

This Wyoming bill (SF 21) requires public utilities to share electricity cost changes with customers through approved cost-tracking mechanisms. It directly affects electric utilities and their customers by mandating that any cost-tracking method approved by the Public Service Commission must include shared cost responsibility. The key provision amends utility rate regulations to ensure that when utilities recover electricity cost fluctuations between regular rate reviews, both the utility and customers share those costs. The bill takes effect July 1, 2024, and does not change current rate-setting processes but adds this cost-sharing requirement to new mechanisms.